IPO Guru

IPO Listed — 04 Mar 2026

Listing Price: ₹375 (-2.85% vs ₹386)

View GMP History →
PNGS Reva Diamond Jewellery

PNGS Reva Diamond Jewellery IPO Review

PNGS Reva Diamond Jewellery IPO has been reviewed by 10 analysts, and the overall consensus is Apply — carrying a score of 74. Out of the 10 analysts who have covered this IPO, 6 recommend subscribing while 4 advise caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹367-386 per share , with a minimum application size of 32 shares (minimum investment of approximately ₹12,352 at the upper band) . Subscription ran from 24 Feb 2026 to 26 Feb 2026. As of now, the grey market premium (GMP) for PNGS Reva Diamond Jewellery IPO is quoting at ₹-18 (-5%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Listing Gains

Listing gain outlook is mixed to moderately positive, with 5 analysts expecting gains while 3 remain cautious or advise avoiding it for listing pop. Valuation around ~20–21x P/E is seen as reasonable by bulls but aggressive by conservative analysts.

Short Term Strategy

The short-term view is cautiously positive, supported by strong brand legacy, high margins, and store expansion plans. However, margin compression in H1FY26 and Maharashtra-heavy revenue concentration remain key near-term risks.

Long Term Strategy

Long-term sentiment is broadly positive, driven by expansion of 15 new COCO stores, premium diamond positioning, and rising organized jewellery demand. Execution risk, promoter dependency, and competition from lab-grown diamonds are the primary structural concerns.

Disclaimer: This review is an AI summary derived from the reviews of all analysts.

Analyst Sentiment

Analytical Score

How it's calculated?
Apply
74 / 100

Recommend Subscribe

Based on 10 analyst reviews

6 / 10

Higher consensus indicates broader analyst agreement.

Analyst Review

Latest IPO Reviews

Frequently Asked Questions

Should I apply for PNGS Reva Diamond Jewellery IPO?

Based on analyst coverage tracked on this page, the overall verdict for PNGS Reva Diamond Jewellery IPO is Apply. Out of 10 analysts who have reviewed this IPO, 6 recommend subscribing. Always cross-check with the full analyst reviews below and consult a SEBI-registered advisor before making any investment decision.

What does the score of 74 mean for PNGS Reva Diamond Jewellery IPO?

The score of 74 is an aggregate of all analyst ratings tracked for PNGS Reva Diamond Jewellery IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Scroll down to read individual analyst verdicts for more context.

What was the actual listing price of PNGS Reva Diamond Jewellery IPO?

PNGS Reva Diamond Jewellery IPO listed on March 4, 2026 at ₹375 , against the issue price of ₹386 — a loss of -2.85% (₹11 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of PNGS Reva Diamond Jewellery IPO?

PNGS Reva Diamond Jewellery IPO was priced at ₹367-386 per share. The minimum lot size is 32 shares, making the minimum investment approximately ₹12,352 at the upper end of the price band. Subscription ran from 24 Feb 2026 to 26 Feb 2026.

Explore PNGS Reva Diamond Jewellery IPO Further

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.